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Convertible
(redirected from Convertibles)

   Also found in: Dictionary/thesaurus, Legal, Encyclopedia, Wikipedia 0.01 sec.
Convertible
A financial instrument that can be exchanged for another security or equity interest at a pre-agreed time and exchange ratio.

Convertible
A bond or preferred stock that may be exchanged for common stock in the company issuing the convertible at a certain ratio and/or a certain price. A convertible security gives the holder a great deal of flexibility. It reduces risk by guaranteeing a coupon payment or dividend while also allowing the holder to take advantage of a potential, larger return through the ability to convert the security. See also: Convertible option.

convertible

Convertible
A bond or preferred stock that may, under specified conditions, be exchanged for common stock or another security, usually of the same corporation.


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Byline: Edward Stephens THERE are more convertibles per head in the UK than in any other European country -despite it being one of the wettest countries.
” Calamos clearly knows what he’s talking about when it comes to convertibles - little-known, exotic securities that offer high levels of current income like bonds but offer all the capital appreciation of stocks.
Few would expect convertibles such as the Vauxhall Astra Twin Top and Mitsubishi Colt Cabriolet to boast residual values stronger than those of a BMW Z4.
 
 
 
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